Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - COVID 19
News
Nov. 04, 2021 | Tyler Difley
Alberta economy must embrace change, diversification to recover from pandemic, says ATB Financial chief economist
ATB Financial vice-president and chief economist Todd Hirsch says Alberta’s economy can’t rely on its traditional strengths as it tries to rebuild in the wake of the COVID-19 pandemic.
News
Sept. 01, 2021 | CREBNow
August 2021: market continues shift toward more balanced conditions after torrid start to the year
Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.
News
Aug. 25, 2021 | Geoff Geddes
Why do-it-yourself homes sales are a major "don't"
Some projects lend themselves to a DIY approach, but others, like open heart surgery and selling your house, are better left to the pros.
News
July 09, 2021 | Tyler Difley
Six open house etiquette tips for homebuyers
After more than a year of COVID-19 restrictions and public health guidelines that discouraged gathering indoors, Alberta's recent reopening has restored some sense of normalcy. When it comes to the process of buying and selling homes, it has also meant the return of a real estate staple: the open house.
News
June 23, 2021 | Gerald Vander Pyl
Calgary lake communities are ready for summer, as Alberta approaches full reopening
For residents of Calgary's lake communities, having such a special amenity available during the COVID-19 pandemic has been a blessing. Now, those communities are looking ahead to, hopefully, even better times this summer as the province reopens and restrictions are lifted.
News
June 11, 2021 | Barb Livingstone
Calgary rental market struggles with high vacancy, but improvement is on the horizon
The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.
That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.
That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.
News
June 10, 2021 | Cody Stuart
City of Calgary takes public outreach online with home improvement webinar series
Over the last year, nearly everyone across the world has become familiar with gathering online. Whether it's working from home or online school, learning via laptop or smartphone has become commonplace.
The City of Calgary has embraced this trend by posting a series of home improvement webinars on its website. The sessions available online aim to reach the many Calgarians who have been unable to gather this type of information in person during the pandemic.
The City of Calgary has embraced this trend by posting a series of home improvement webinars on its website. The sessions available online aim to reach the many Calgarians who have been unable to gather this type of information in person during the pandemic.
News
June 14, 2021 | CREBNow
May 2021: inventory rises, but sellers' market conditions persist
With 2,989 sales, housing market activity hit a new May record.
Despite strong levels of sales, they did trend down relative to last month. Additionally, there were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month.
Despite strong levels of sales, they did trend down relative to last month. Additionally, there were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month.
News
May 28, 2021 | Tyler Difley
A brief history of the conversation pit: why interest in this '70s design staple has skyrocketed in the age of COVID-19
During the COVID-19 pandemic, an obsession has developed among people who are extremely online with an interior design feature whose heyday occurred more than 50 years ago: the conversation pit.
News
May 25, 2021 | Josh Skapin
Market momentum: pandemic-related factors are increasing demand for $1-million-plus properties
The substantial growth seen in Calgary's detached resale market this year has been driven by the mid-range segment, but big-ticket listings are also bouncing back.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.
